07
Apr
11:48
Italian HRC rally continues, market leader hikes again
Italian hot rolled coil producers are still not quoting this week as the market grapples with continued short supply. Some re-rollers are consequently understood being forced to reduce production this month. Domestic as well as imported prices for coil and coil derivatives keep skyrocketing, sources tell Kallanish.
The latest contracts for HRC are hovering at €880-900/tonne ($1,046-1,070) base ex-works. Some traders sold at port last week at €860/t.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous